The New York Times recently published an article titled “Silicon Valley’s Saudi Arabia Problem,” which investigates tech companies’ willingness to ignore human rights violations by major Saudi investors. In an article titled “Silicon Valley’s Saudi Arabia Problem,” the New York Times outlines how liberal Silicon Valley tech firms struggle with the issue of taking money from Saudi Arabian investors while ignoring the countries many human rights violations. The article begins by noting that Silicon Valley startups such as WeWork, DoorDash, Wag, and Slack all wouldn’t exist without investments from the Kingdom of Saudi Arabia. The article states: Long before the dissident Saudi journalist Jamal Khashoggi vanished, the kingdom has sought influence in the West — perhaps intended, in part, to make us forget what it is. A medieval theocracy that still beheads by sword, doubling as a modern nation with … [Read more...] about New York Times: ‘Silicon Valley’s Saudi Arabia Problem’
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Jared Kushner, whose net worth is nearly $324 million, appears to have paid almost no income taxes from 2009 to 2016, The New York Times reported Saturday.The President's son-in-law and adviser's low tax bills resulted from a common tax-minimizing maneuver, and nothing in the documents suggests Kushner or his company at the time broke the law, the Times reported, citing confidential documents that it reviewed.A spokesman for Kushner's lawyer told the Times Kushner "paid all taxes due."The U.S. tax code allows real estate investors like Kushner, whose family company, Kushner Companies, has spent billions of dollars on real estate over the past decade, to write off depreciation, or a property's devaluation because of use or wear and tear.Kushner stepped down as CEO of Kushner Companies in January 2017 after Trump was sworn in as President, and has sold his stakes in some of the firm's projects as well as other investments. The documents obtained by the Times show that, year after year, … [Read more...] about Jared Kushner likely paid almost no federal income taxes for years, New York Times reports
The New York Times smeared U.S. Border Patrol agents and U.S. Customs and Border Protection (CBP) officers with a misleading tweet that indicated hundreds of employees had been arrested for accepting bribes and other forms of corruption. Of the approximately 60,000 agency employees less than 500 were charged with crimes over a two year period — only 30 of those involved charges of corruption. The New York Times sent out a misleading tweet implying that “more than 500” Border Patrol agents and CBP officers were arrested for “drug trafficking, accepting bribes, and other crimes over a two-year period.” The actual number charged with the corruption-related crimes headlined in the tweet is 30.Despite this low number, the New York Times lead paragraph states: “More than 500 employees of the United States’ primary border security agency were charged with drug trafficking, accepting bribes and a range of other crimes over … [Read more...] about New York Times Smears Border Patrol Agents, CBP Officers with Misleading Tweet
It arrived on Page One of the New York Times last Wednesday with all the subtlety of a supertanker berthing at a sailing marina, consuming all the editorial space above the fold. Based on more than 100,000 pages of documents, countless interviews, and the voluminous Freedom of Information Act requests that accompany such investigations, the piece, written by three of the paper’s ace reporters, was more than 18 months in the making. Overflowing eight broadsheet pages, the 15,000-word story, titled “Trump Took Part Suspect Schemes to Evade Tax Bills,” served also as the subject of a Showtime documentary. It accused President Donald Trump of “outright fraud” involving hundreds of millions of dollars. The piece stirred both New York City and state regulators to commence investigations of their own that could ensnare the Trump family years in consuming legal battles and force them to choke up hundreds of millions in fines and penalties. But even though the … [Read more...] about The New York Times Bombshell That Bombed
Nearly 8,000 words into its exhaustive investigation of the elaborate and allegedly illegal schemes by which Donald Trump’s father conserved his wealth and promoted the myth of his son as a self-made billionaire, the New York Times revealed the existence of a sham business the Trump family used to hide massive gifts from Fred Trump to his children, saving himself millions in federal taxes. The company was called All County Building Supply & Maintenance and it was created in 1992 for the purpose of providing inflated invoices to contractors for Fed Trump’s sprawling real estate holdings in Brooklyn and Queens. Story Continued Below “All County had no corporate offices,” the Times reporters wrote. “Its address was the Manhasset, N.Y., home of John Walter, a favorite nephew of Fred Trump’s. Mr. Walter, who died in January at the age of 83, spent decades working for Fred Trump, primarily helping computerize his payroll and billing systems. He also … [Read more...] about Did the Trump Family Historian Drop a Dime to the New York Times?